Long

BTCUSD - Is this a bottom ?

- Simple support channel trendline from sep 2023 and aug 2024
- daily rsi oversold like crazy
- 81k3 : 1 fib extension from low 2018 to high 2021 and low 2022
- 79204 : 0.5 fib retracement from low aug 2024 to ATH
- bullish div on lower timeframes

Those are strong bullish supports from high timeframes

watch out for another try from bears like 11 sep 2023 or 6 sep 2024 but I’m expecting more than a bounce from this

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forgot to add it but daily 200ma is 81984

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ok nice call i guess, it went super fast so I took some profits already, i'm expecting a pullback to 86-88k before the real bull run confidence 6.5/10

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alright following the precedent note, lets see what happens now

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not holdng as I good as i want and if 86k6 fall we can see lower prices like 83k8 81k4, double bottom 78 or even 73k

cheers

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back in the channel, all my SL are set to that previous low ill know just continue to accumulate

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you can expect a last retest of the low around 79k5 but hopefully we ride it up now

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alright nice pullback, but careful here, I think Gold need to peak at 3k2 before btc going back up, lets see

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for now its quite ok, just a test of the bottom of the channel + multiple trendlines confluence zone + 4H POC

its a good place where we could bounce

in the other hand SPX needs to get back above 5700 asap and gold is around 4% of my top target

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turning bearish until we go back above this white line again

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back to bullish, didn take so much time to go above that line
volume is here, lets see what happens for that EOM now

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as I stated, this circle was prolly a fakeout

cheers

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aight, give it some times I think as it probably gonna retest 76kX
im gonna wait good signals with good green volume before entering again

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a scenario i'm tempted to follow

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wow can't pass below 0.618 for now, btc holds better than spx
as said just before let it the weekend to cool off then pretty sure all the shake out is done

id like to see 1 month of slighty bullish (back to 97k zone) and 1 month of rally (~150/180k?)

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as stated some days ago, 0.786 fib, im gonna act like its the new local bottom
lets see what happens tomorrow

btw btc.d is also at 0.786 fib

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invalid idea but bottom can be found here, its 2021 and summer 2024 high

also 74,420.69 bottom on coinbase please let it happen

(theres room till 72k9)

onemorewine

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